Business Daily from THE HINDU group of publications
Tuesday, June 30, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

BUDGET: Corporate bond market may see flurry of activity post-Budget
Govt thrust on infrastructure, tax sops to spur more issues. Mumbai, June 29 The lull in the corporate bond market seen in the first quarter of this fiscal is expected to change after ...

MINERALS: Delay in iron ore lease holds up Tata Steel’s Orissa project
‘Brownfield expansion at Jamshedpur will be completed on time’. Mumbai, June 29 A delay in allotment of the iron ore lease is holding up Tata Steel’s six million-tonne project at ...

FOREIGN DIRECT INVESTMENT: 74% FDI proposed for DTH, 24% in FM radio
New Delhi, June 29 The Government is proposing to increase foreign direct investment in Direct-to-Home (DTH) to 74 per cent, and up to 24 per cent in FM ...

TAXATION: Kelkar wants rail, construction, housing within GST ambit
Inclusion of Rlys will level field for road, air transportation sectors. New Delhi, June 29 The rail sector should be brought within the ambit of the proposed Goods and Services Tax (GST) regime, the Thirteenth Finance Commission Chairman, Dr ...

WATER: Chennai water supply, sewage disposal to be upgraded
Rs 1,448-cr plan for flood prevention to be implemented. Chennai, June 29 The Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) will implement a Rs 2,032-crore scheme to upgrade water supply and sewage disposal in Chennai and ...

BUDGET: Enhance spending on healthcare sector
India has 16 per cent of the world’s population, 18 per cent of its mortality, 20 per cent of morbidity, yet the country’s healthcare expenditure is a miniscule one per cent of global expenditure. As one of the fastest ...

EXPORTS & IMPORTS: ECGC sees claims rising to Rs 550 cr this fiscal
To examine demands worth Rs 300 cr from gems and jewellery sector. Bangalore, June 29 The Export Credit Guarantee Corporation (ECGC) will examine claims worth Rs 300 crore from the gems and jewellery sector on account of payment defaults by ...

RURAL DEVELOPMENT: They have bank accounts, but make little use of them
RBI follows up on financial inclusion efforts. Madurai, June 29 A Reserve Bank of India (RBI) has recently done a survey to understand the banking behaviour of the financially included rural population in Madurai district and the banker’s ...

INDUSTRY ASSOCIATIONS: New FKCCI president
The Federation of Karnataka Chambers of Commerce & Industry has elected Mr J. Crasta as its President for 2009-10. Mr Crasta is the Managing Director of C.M. Systems Pvt Ltd, manufacturer of environment simulation production for Defence ...

EDUCATION: Marine biotech centre
A National Institute of Marine Biotechnology will be set up near Chennai, according to Mr K. Ganesan, Higher Education Secretary, Government of Tamil Nadu. The Department of Biotechnology had sanctioned last year the setting up of the institute ...

TOURISM: Tourism promotion in Theni
Theni district will be given a facelift for promotion of nature-friendly tourism, according to the District Collector, Mr P. Muthuveeran. The district has several unpolluted tourist attractions that include lakes, rivers, dense forests, besides ...

REAL ESTATE & CONSTRUCTION: Savvy Infra to invest Rs 400 crore in green buildings in two years
Ahmedabad, June 29 Betting big on the profitability of ‘green buildings’, promoter of Kensville Golf Club, Savvy Infrastructure Ltd is investing around Rs 400 crore in developing both commercial and residential projects over the ...

TEXTILES: KSTC in recast mode; revival scheme for mills
The Kerala State Textile Corporation (KSTC) has embarked on a revival scheme for the textile mills under its fold at a total outlay of Rs ...

RURAL DEVELOPMENT: Spurred by sops, banks gear to train, guide rural youth
Mumbai, June 29 “Give a man a fish and you feed him for a day. Teach him to fish and you feed him for ...

ECONOMY: Economy to grow at 7%, if rains don’t fail: Tendulkar
The economy will grow at 7 per cent if the monsoon does not fail. This is according to the Chairman of the Prime Minister’s Economic Advisory Council, Prof Suresh ...

DISINVESTMENT: RINL union assails divestment move
Visakhapatnam, June 29 The Visakha Steel Workers’ Union, the recognised union in Rashtriya Ispat Nigam Ltd (RINL), has condemned the move of the Union Government and the management to take up disinvestment in the steel plant and ...

EDUCATION: Inspiring education
That the Government has embarked on reforms in higher education so early in its term is indeed creditable. While the number of graduates, across castes communities and economic groups has undeniably gone up, there has also been an alarming ...

COURTS/LEGAL ISSUES: TN Govt can’t go into issues governing tenders: HC
Chennai, June 29 The Madras High Court has ruled that the TN Transparency in Tenders Act, 1998 (TTIT Act) could contain the courts for deciding disputes between various tenderers and the tender floating ...

EDUCATION: IIM-A struggles to fill seats in programmes for executives
Ahmedabad, June 29 The management development programmes (MDP) for executives at the Indian Institute of Management (Ahmedabad) are coping with low enrolments this year by increasing number of courses to 62 and introducing discount structures ...

BUDGET: Make tax reforms the next stimulus package
With the UPA back with a strong mandate, the expectations from the Budget have grown manifold. The Finance Minister has a tough task with a widening fiscal deficit and looming growth concerns, made worse by the gloomy weather ...

BUDGET: Long-term savings require fiscal encouragement
The Budget should promote long-term economic growth, indicate the Government’s resolve to address economic issues and at the same time keep in mind the welfare of the common man, which will further enhance the ongoing ...

INFRASTRUCTURE: Infra advisory, investment banking services put at $10 b
Hyderabad, June 29 With more infrastructure projects spanning power, roads, airports and ports expected to get into implementation mode during the Eleventh Plan, investment banking and transaction advisory services worth about $10 billion ...

EDUCATION: Boom after bust?
...

URBAN DEVELOPMENT: JNNURM bus deadline extended up to December
New Delhi, June 29 Just one day before the expiry of the deadline to procure buses under the Jawaharlal Nehru National Urban Renewal Mission, the Government has extended the time limit up to ...

ALLIANCES & JOINT VENTURES: NGO moots tech alliance to combat climate change
Hyderabad, June 29 The Climate Group, an international organisation working for climate change, is in the process of forging a tech alliance with corporate houses and ministries of power, communication and ...

ENVIRONMENT: Maharashtra’s draft eco policy is ready: MPCB
Pune, June 29 The State Government is set to launch the environment policy for the State, Ms Valsa R. Nair Singh, Chairman, Maharashtra Pollution Control Board (MPCB), and Secretary, Environment Department, Government of Maharashtra, said ...

BUDGET: PSU divestment, need of the hour
We believe several structural reforms (like opening up of sectors), including in the financial services space, are on the cards. Higher spending is expected in infrastructure, education and healthcare. In the near-term, the Government ...

BUDGET: Allow global infrastructure funds
To achieve the projected $500-billion infrastructure spending during 11th Five Year Plan, the Government needs to bring in more reforms in this sector. The following proposals specific to infrastructure needs to be unveiled in the ...

EDUCATION: AP to upgrade infrastructure, faculty of ITIs
The State Government will take steps to upgrade Industrial Training Institutes (ITIs) to bridge the gap between the demand and supply of technical workforce to industries, said Mr Jagadeshwar, Mission Director, Indira Kranti Pathakam, ...

ENVIRONMENT: Civil societies’ role in climate change talks
New Delhi, June 29 As monsoon plays truant in India and fertile lands get parched for want of nourishing water, and with most of the diverse geographical regions reeling under unrelenting heat, the climate issue gets ...

CLIMATE & WEATHER: Monsoon impact: Industry keeping fingers crossed
All eyes are on the monsoon. While industry is expecting a pick-up in the third or fourth quarter of the current fiscal, a shortfall in monsoon could alter the scenario. Currently, industry is more apprehensive than alarmed. Deficient ...

ENVIRONMENT: Eco award for Tata Chemicals
Tata Chemicals has won the Bombay Chamber Civic Awards 2008-09 prize under the Sustainable Environmental Initiatives category for its entry ‘Water management in a drought-prone area’. The award was presented by Mr Adi Godrej, ...

SOCIAL SECURITY: NGO's health insurance scheme
...

URBAN DEVELOPMENT: Plan to make AP a slum-free State
...

EDUCATION: Aid for trip to Australia
The Andhra Pradesh Government will sponsor the journey of the parents of Mir Kazim Ali Khan, the Hyderabad student who was injured in the recent attacks on Indian students, to Australia. Giving his consent to this effect, the Chief Minister, Dr ...

INDUSTRY ASSOCIATIONS: KASSIA office-bearers
...

EVENTS: Bhavans wins Limca city finals
Bhavans Adarsha Vidya Mandir, Kakkanad, won the Kochi City finals of Limca Book of Records Quiz, 2009 held at Chinmaya Vidyalaya here. The young geniuses from the winning school in Kochi would now compete with the winners from 74 other cities in ...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Markets (June 29)
Nifty (at close)4,390.95(+15.45)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


Related Topics
Anti-dumping
Automobile Components
Bio-tech & Genetics
Books
Breweries
Budget
Cars
Cement
Climate & Weather
Coal
Consumer Electronics
Courts/Legal Issues
Disinvestment
Economic Offences
Economy
Education
Electrical Goods
Electronics
Employment
Engineering
Entrepreneurship
Environment
Excise and Customs
Exports & Imports
Fertilisers
Foods & Food Processing
Foreign Direct Investment
Foreign Trade
Gems & Jewellery
Gold & Silver
Granite & Marble
Handloom
Health
Hotels
Human Resources
Income Tax
Industrial Policy
Industry Associations
Infrastructure
Knitwear & Hosiery
Labour Reforms
Leather
Medical & Surgical Equipments
Medical Institutions & Hospitals
Minerals
Newspapers & Publishing
Non-conventional Energy
NRIs
Paper, Board & Newsprint
Personal Products
Petroleum
Pharmaceuticals
Power
PSU
Radio/TV
Railway Budget
Readymade Garments
Real Estate & Construction
Rural Development
Science & Technology
Social Security
Social Welfare
SSI
Standards & Benchmarks
Steel
Sugar
Taxation
Textile Machinery
Textiles
Tourism
Trade & Labour Unions
Two/Three Wheelers
Tyres
Urban Development
Venture Capital
Water
WTO


In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Kelkar wants rail, construction, housing within GST ambit

Jay Shree Tea eyeing acquisitions abroad

Investors’ gain is distributors’ loss

IT vs I-T: Spare tech from tax

Looking back
Jun. 21-Jun. 27
Fund managers set store by Chinese growth

NPCIL embarks on marketing drive for reactors

‘Fertiliser subsidy is a misnomer’

Govt under pressure to hike petrol, diesel prices

Oil refiners wary of Q2

DoT slaps fine on mobile operators

Safeguard duty on aluminium product imports

Crisil sees house market recovery in 2010

Recovery signs in 2nd half this year: Rangarajan

AI offers leave without pay to cut wage bill

DoT may peg entry fee for telecom licence at Rs 45 cr



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line